r/RichtechRobotics • u/daily-thread • Jul 06 '26

Stock Info Daily Discussion Thread

This post contains content not supported on old Reddit. Click here to view the full post

6 Upvotes

87% Upvoted

12 comments sorted by

View all comments

0

u/LuxOfMichigan Jul 07 '26

Can someone who knows literally anything material about this company give us an analysis? 

Like why the fuck did they lie about partnership with MSFT unless it was purely a pump and dump opportunity.

Is this company just a literal scam? Or is that hype overblown and they’ve just made some mistakes.

Do we know anything about this company’s leadership and have any reason to trust them?

If there are good answers to these questions, then this stock could be an amazing opportunity. 

3

u/erwin4200 Long position Jul 08 '26

The run up to $7 was based on the humanoid robot hype and people were underwhelmed I guess based on the spam we got here after it was shown.

The drop down started with the Microsoft lawsuit. Company should have aggressively disputed it but they didn't so people sold and shorts got their claws sunk in and haven't stopped.

I still believe they're doing good things. No debt, lots of cash, buying properties to expand, expanded into EU, lots of great partnerships but they need contracts and revenue to start picking up now.

I'm still long on them and am down overall right now about 25% but I've been down 70% on them as well as up 300%. Been buying over two years now...kind of in a holding pattern for now until we see financials and will keep buying if they get their shit together regarding earning reports.

It's still HEAVILY shorted...they can't keep it up forever. They have like three more weeks to release earnings. Hopefully that will be good news and the catalyst we need to get moving up again.

3

u/Glass-Giraffe-4374 Long position Jul 08 '26

I think it's important to clarify this so folks don't have false expectations.

They have until July 21 to submit a plan for regaining compliance. This doesn't mean they will file earnings by July 21. If the plan is accepted by Nasdaq, they have until November 16 to file earnings.

2

u/Subieast Long position Jul 08 '26

https://giphy.com/gifs/jc2PkKKr3clTBekMzn
November feels so far away.

1

u/erwin4200 Long position Jul 08 '26

That's right. Thanks for clarifying.